
Current Tendencies of Bank Deposits
Total volume of deposits in the country’s banking sector (including term deposits and current accounts of non-financial and households sectors, including payable interest) increased by 4.4 percent or 161.5 million GEL compared to the previous month and exceeded 3.8 billion GEL by July 1, 2010. In June, compared to the previous month, the volume of transferable deposits and term deposits of non-financial and households sectors increased by 42.2 million GEL or 3.2 percent and 118.0 million GEL or 5.2 percent, respectively.
In June the annual average weighted interest rate for all deposits amounted to 8.2 percent, in particular, the interest rate for national currency denominated deposits was 9.5 percent and the interest rate for foreign currency denominated deposits was 8.0 percent.
The share of US dollar in the total volume of foreign currency denominated deposits equals to 79.1 percent and the share of Euro equals to 19.7 percent.
Current statistical information is published on the statistics page of the NBG’s website.